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HomeMy WebLinkAboutEstablishing a Specail Grant Fund with the CityORDINANCE No. sass-9s Passed by the Common Council of the City of South Bend, Indiana November 22, Attest: Attest: Presented by me to the Mayor of the Ciry ojSouth Bend, Indiana City Clerk President of Common Council November 23, 19 99 City Clerk Approved and signed by me November 29 19 99 19 99 Mayor ~~~ ORDINANCE NO. 1 d~~" 1 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND ESTABLISHING A SPECIAL GRANT FUND WITHIN THE CITY OF SOUTH BEND STATEMENT OF PURPOSE AND INTENT This ordinance establishes one new special grant fund within the City of South Bend. Currently the City is the recipient of several miscellaneous grants and special funds from the federal and state governments, from private gifts, etc. To improve accounting efficiency and to avoid the commingling of funds from various grants, the new fund created by this ordinance will establish a single fund for the receipt of these various grant funds. Fund #250 will be the source to account for miscellaneous grants and special funds received by the City from the federal and state governments, or from private, non-tax revenue sources. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: Section I. One new fund is created within the budget of the City of South Bend, namely Fund #250 General Grant (Special Revenue Fund). Section II. All sums of money deposited in this fund as distributed to the City from federal, state and other grants or from private donations or other non-tax revenue sources shall be used solely for the purposes stated in the grant applications or as requested by the donor, but the City shall not otherwise be required to obtain Common Council approval to make specific disbursement from this Fund. Section III. Any and all interest earned on monies deposited into Fund #250 shall remain in the fund. Section IV. Monies remaining in this fund at the end of the year shall remain in this fund and not revert to any other fund. Section V. This ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Member, South Bend Common Council _~ p po.@..~.~...-~ 1 st READING ~ 11 ~~' ~ ~ ~ . , _ ~ . PUBLIC HEARING (I - LL g ~ ¢ ~~ 3rd READING I~-LL-q9 ~ '; I `; ~ ~ ~~~~ a NOT APPROVEDi ~ ~~ ~ ,,, .,. P.EFE?RED ~ ~ ~~ PASSED ~ ~ -L'L-`~ ~ ~__,....L ......,.~.~,e~..~_,......_,._..........1 COMMITTEE REPORT TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 102-99 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND ESTABLISHING A SPECIAL GRANT FUND WITHIN THE CITY OF SOUTH BEND Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. Charlotte Pfeifer Chairman COUNTY-CITY $UILDING SOUTH BEND, INDIANA 46601-1830 PHONE 219/235-9216 Fax 219/235-9928 TDD 219/235-5567 CITY OF SOUTH BEND STEPHEN,]. LUECKE~ 1VIAYOR DEPARTMENT OF ADMINISTRATION AND FINANCE M. CATHERINE RoEMER CITY CONTROLLER November 2, 1999 Common Council, City of South Bend 225 West Jefferson Street 455 County-City Building South Bend, IN 46601 Re: New Ordinance for Special Grant Fund Dear Council Members, The Administration & Finance Department is requesting to establish a new fund within the City of South Bend. As noted in the Statement of Purpose and Intent section of the ordinance document before you, the city is currently the recipient of several miscellaneous grants and special funds from federal and state governments, and from private gifts. To avoid commingling funds and to establish proper accounting for these various funds, Fund 250 will be the source for miscellaneous grants and special funds received by the City from federal and state governments, or from private, non-tax revenue sources. All monies deposited into this fund shall be used exclusively for the stated intent in the grant application or as requested by the donor. Therefore, I submit to you, the members of the Common Council, this letter on behalf of the Administration & Finance Department to ask you for a favorable recommendation of this ordinance. Thank you for your time and consideration. Sincerely, t'In~tc`-~ Ronald O' oonor Director of City Finance CATHERINE A. HUBBARD-SHERD RON O'CONNOR THOMAS $xARBEK SUSAN WALLACE ROBERT ALLEN DIRECTOR DIRECTOR DIRECTOR MANAGER DIRECTOR HUMAN RESOURCES CFI'Y FINANCE BUDGETING SL FINANCIAL REPORTING BENEFITS INFORMATION TECHNOLOGY